PANews October 22 news, according to Bitcoin.com, Bitcoin mining company Ionic Digital has restarted its initial public offering (IPO) plan after appointing BDO USA as its new auditor. As of September 30, 2024, the company holds 2,102.29 BTC, with a market value of approximately $135.3 million. Ionic Digital plans to liquidate part of its Bitcoin reserves in the fourth quarter to fund future infrastructure projects.

In addition, Ionic Digital has activated a second building at its mining site in Ward County, Texas, increasing total capacity to 140 megawatts, with plans to expand to 215 megawatts.